Three carmakers create link

Article Abstract:

General Motors Corp, Ford Motor Co and DaimlerChrysler AG are consolidating their respective online purchasing operations into a single Internet purchasing exchange. The venture is open to suppliers, retailers as well as other automakers. Renault of France and Nissan of Japan have expressed their intention of joining the network, which could cut $50 billion annually from the three automakers' nearly $250-million parts-and supplies expenditures.

Alliances, partnerships, DaimlerChrysler AG, General Motors Corp., Ford Motor Co.

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Carmakers fatten incentives as sales begin to sputter

Article Abstract:

Automobile manufacturers are remodelling incentive programs and planning production cuts in preparation for an expected decline in sales. Sales for the year 2000 are predicted to match or slightly beat 1999 sales because of interest rate increases and consumers' reduced spending. Starting Jun 1, DaimlerChrysler's Chrysler unit will offer as much as $2,000 rebates on its truck models, while Ford Motor Co will cut production of its sport- utility vehicle Excursion to 25% in August.

Advertising

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Small carmakers zip around safety standards

Article Abstract:

Small automobile manufacturers usually try to evade safety regulations imposed by the National Highway Traffic Safety Administration (NHTSA), arguing that they might go out of business with the high cost attributed to the standard compliance. As the NHTSA solicits criticism from several safety experts for the exemptions it grants to some small carmakers, the practice also highlights how costly federal regulations have become.

Product standards, safety, & recalls

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